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Opinion | ESG investing: a waste of climate finance?

“Global investors are turning their backs on sustainably focused stock funds as poor performance, scandals and attacks from US Republicans hit enthusiasm for a much-hyped sector that has pulled in trillions of dollars of assets,” the FT report said. ESG is not so much an investment bubble as a mirage, one so powerful that, by […]

Airlines on pace for unprecedented US$1 trillion revenue, record 5 billion passengers in 2024, amid post-Covid bounce back

Fossil fuel-burning airlines are also under pressure to contribute to the fight against climate change and make progress towards a pledge to reach “net zero” carbon emissions by 2050. This year’s expected US$30 billion profit “is a great achievement considering the recent deep pandemic losses”, IATA director general Willie Walsh told the body’s annual general […]

Opinion | US trade policy towards China is dangerously incoherent

From this perspective, the US sees itself as the victim of others’ transgressions. Japan was the culprit in the 1980s. Now it’s China. US leaders also blame the World Trade Organization, which they have effectively neutered by blocking appointments to its Appellate Body for the past five years. Blame is about politics, not economics. Students […]

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